Archer Aviation Inc (NYSE: ACHR) on Friday, soared 8.72% from the previous trading day, before settling in for the closing price of $9.52. Within the past 52 weeks, ACHR’s price has moved between $2.82 and $12.48.
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The company achieved an average annual earnings per share of 26.95%. With a float of $309.46 million, this company’s outstanding shares have now reached $383.79 million.
Considering the fact that the conglomerate employs 691 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 45.16%, operating margin of -3974.19%, and the pretax margin is -3606.45%.
Archer Aviation Inc (ACHR) Breakdown of a Key Holders of the stock
Observing investor behavior towards Aerospace & Defense industry stocks is more important than anything else. The insider ownership of Archer Aviation Inc is 32.83%, while institutional ownership is 44.20%. The most recent insider transaction that took place on Jan 07 ’25, was worth 600,000. In this transaction CHIEF TECHNOLOGY OFFICER of this company sold 50,000 shares at a rate of $12.00, taking the stock ownership to the 1,070,360 shares. Before that another transaction happened on Jan 07 ’25, when Company’s Officer proposed sale 50,000 for $12.00, making the entire transaction worth $600,000.
Archer Aviation Inc (ACHR) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.22 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 26.95% per share during the next fiscal year.
Archer Aviation Inc (NYSE: ACHR) Trading Performance Indicators
Archer Aviation Inc (ACHR) is currently performing well based on its current performance indicators. A quick ratio of 6.03 was reported for the most recent quarter.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.33, a number that is poised to hit -0.30 in the next quarter and is forecasted to reach -0.96 in one year’s time.
Technical Analysis of Archer Aviation Inc (ACHR)
Compared to the last year’s volume of 31.42 million, its volume of 47.65 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 63.98%. Additionally, its Average True Range was 0.88.
During the past 100 days, Archer Aviation Inc’s (ACHR) raw stochastic average was set at 77.99%, which indicates a significant decrease from 97.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 76.09% in the past 14 days, which was lower than the 115.97% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.23, while its 200-day Moving Average is $5.17. Nevertheless, the first resistance level for the watch stands at $10.69 in the near term. At $11.04, the stock is likely to face the second major resistance level. The third major resistance level sits at $11.67. If the price goes on to break the first support level at $9.71, it is likely to go to the next support level at $9.08. Now, if the price goes above the second support level, the third support stands at $8.73.
Archer Aviation Inc (NYSE: ACHR) Key Stats
Market capitalization of the company is 4.77 billion based on 425,273K outstanding shares. Right now, sales total 0 K and income totals -457,900 K. The company made 0 K in profit during its latest quarter, and -115,300 K in sales during its previous quarter.
